249 Gainsborough Road, Toronto E02

Price: $899,000

2 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13418848

Welcome to 249 Gainsborough Road, a thoughtfully renovated 1 storey detached home in the heart of the Upper Beach. Beautifully updated over the past two years, this home blends timeless character with modern comfort. Featuring 2 bedrooms and 2 bathrooms, and an incredible primary retreat complete with a walk-in closet and a luxurious 4-piece en suite with heated floors, creating the perfect space to unwind at the end of the day. The new kitchen features quality finishes throughout, and a functional layout designed for everyday living, making this home truly move-in ready. Enjoy a landscaped backyard, perfect for relaxing or entertaining, all just steps from parks, great schools, local cafés, shops, transit, and everything that makes the Upper Beach such a vibrant and connected community. A home that offers the perfect balance of lifestyle, comfort, and convenience.

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New Listing
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$899,000 - 249 Gainsborough Road, The Beaches

Detached for Sale in The Beaches

New — Listed 4 days ago
2Beds
3Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13418848
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
BOSLEY REAL ESTATE LTD.
Description

Welcome to 249 Gainsborough Road, a thoughtfully renovated 1 storey detached home in the heart of the Upper Beach. Beautifully updated over the past two years, this home blends timeless character with modern comfort. Featuring 2 bedrooms and 2 bathrooms, and an incredible primary retreat complete with a walk-in closet and a luxurious 4-piece en suite with heated floors, creating the perfect space to unwind at the end of the day. The new kitchen features quality finishes throughout, and a functional layout designed for everyday living, making this home truly move-in ready. Enjoy a landscaped backyard, perfect for relaxing or entertaining, all just steps from parks, great schools, local cafés, shops, transit, and everything that makes the Upper Beach such a vibrant and connected community. A home that offers the perfect balance of lifestyle, comfort, and convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: The Beaches / Upper Beaches

Discover The Beaches / Upper Beaches

The Beaches / Upper Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in The Beaches / Upper Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

The Beaches / Upper Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

249 Gainsborough Road, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,576

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1284/sqft, this property is priced above the The Beaches average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In The Beaches's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in The Beaches are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    249 Gainsborough Road, The Beac… — $899,000 | Battaglia Team